BlackRock ETFs significantly increase MicroStrategy exposure

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According to data from Fintel, 82 exchange-traded funds (ETFs) have acquired shares of MicroStrategy (MSTR). This data is current until May 30, 2024, and does not include the recent acquisition of over 4,000 MSTR shares by the iShares MSCI ACWI ETF, valued at $6.1 million. These reported values place them among the top 20 largest ETF holders of MSTR.

Data from Fintel shows that the iShares Russell 2000 ETF (IWM) holds the largest position, with 362,846 shares. This represents a 12.02% increase from the previous reporting period, with the shares valued at $618.5 million, marking a significant 202.32% increase in value. The second largest holder is the iShares Russell 2000 Growth ETF (IWO), which owns 129,094 shares. This reflects a 19.23% increase in share count and a 221.77% rise in value, now reported at $220.0 million. Both ETFs are managed by BlackRock.

Additionally, two ETFs have short positions in MSTR: the First Trust Long/Short Equity ETF (FTLS) and the AGFiQ U.S. Market Neutral Anti-Beta Fund (BTAL). According to Fintel, these positions are relatively small, valued at $6 million and $2 million, respectively.

File DateInvestorSharesΔ Shares (%)Reported Value ($1000)Δ Value (%)
2024-05-28IWM – iShares Russell 2000 ETF362,84612.02618,493202.32
2024-05-28IWO – iShares Russell 2000 Growth ETF129,09419.23220,048221.77

MicroStrategy is currently up 2% in pre-market trading, with shares priced at $1,673.

The post BlackRock ETFs significantly increase MicroStrategy exposure appeared first on CryptoSlate.

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